Property summary
This Class A office building, located at 240 Elm Street, 2nd and 3rd Floor, West Somerville, MA 02144, offers 16,343 square feet of flexible workspace in the heart of Davis Square. The property, renovated in 2019, features a variety of office configurations suitable for traditional, executive, co-working, and creative businesses. Units range from a minimum of 50 square feet to a maximum contiguous space of 1,300 square feet, with a total of 350 suites. Currently, 5,650 square feet are available. The building includes elevators and is conveniently located near the Red Line metro, providing easy access to Boston and surrounding areas. The vibrant Davis Square neighborhood offers a diverse range of dining, entertainment, and fitness options, including nearby restaurants, the Somerville Theatre, and Arlington Health and Fitness. This former Social Security headquarters provides a distinctive address within a thriving business community, attracting a diverse tenant base including physicians, engineers, publishers, and non-profit organizations. The building's central location and modern amenities make it an ideal choice for businesses seeking a dynamic and convenient workspace.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.